Attachments: EURUSD

EURUSD

#145,321
Sep 22, 2009 9:02am Sep 22, 2009 9:02am

vinesh2
Joined Aug 2007 | Status: Trader | 2,616 Posts

This thing is just about ready

#145,322
Sep 22, 2009 9:05am Sep 22, 2009 9:05am

Jack Herer
Joined Oct 2008 | Status: hit the road, Jack. | 500 Posts

Quoting vinesh2

Disliked

This thing is just about ready

Ignored

yeah, well, we all have been saying that for quite some time now...

so it's probably going up ¬¬

#145,323
Sep 22, 2009 9:07am Sep 22, 2009 9:07am

pipul8r
| Joined May 2007 | Status: The Royal Scam? | 240 Posts

Id really like to see it test 4806 one more time before Im a believer

#145,324
Sep 22, 2009 9:11am Sep 22, 2009 9:11am

pipul8r
| Joined May 2007 | Status: The Royal Scam? | 240 Posts

Quoting vinesh2

Disliked

This thing is just about ready

Ignored

to do what? take out more bear SLs?

#145,325
Sep 22, 2009 9:13am Sep 22, 2009 9:13am

forexmick
| Joined Oct 2008 | Status: Trader | 255 Posts

Quoting Alihuzaifa

Disliked

i think this bull rally wil continue till 1.4865

Ignored

Why?

#145,326
Sep 22, 2009 9:13am Sep 22, 2009 9:13am

trading801
| Commercial User | Joined Aug 2008 | 7,691 Posts

Quoting pipul8r

Disliked

to do what? take out more bear SLs?

Ignored

lets see !

#145,327
Sep 22, 2009 9:15am Sep 22, 2009 9:15am

dutchdaniels
| Joined Jul 2009 | Status: Trader | 5 Posts

Anybody else see this Bearish Gartley? It still has quite a bit of room to the north to stay valid though...

Attached Image (click to enlarge)

Click to Enlarge

Name: eur.usd daily gartley.gif
Size: 36 KB

#145,328
Sep 22, 2009 9:20am Sep 22, 2009 9:20am

Patience
Joined Oct 2006 | Status: Trader | 7,219 Posts

Here we go with my sentiment stuff again.

FXCM don't appear to believe that there has been capitulation yet.

22 Sep 14:44:09 SSI USD: Lack of crowd capitulation gives me little reason to look for a sustained Dollar reversal.

22 Sep 14:43:51 SSI USD: Given the massive US Dollar tumble overnight, unsurprising to note that crowds are once again very heavily long the US Dollar.

http://forexstream.dailyfx.com/

Nothing worth having is easy.

#145,329
Sep 22, 2009 9:46am Sep 22, 2009 9:46am

Bemac
Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts

Quoting Platypus

Disliked

S&P chart.....

We have a old gap from 09-25-2008. This gap has to be closed, thats for the bulls....

Ignored

That Gap is 1 Year Old. What makes you believe that Now is the time to Trade it?

Quoting Platypus

Disliked

For the bears we have a more recent gap 07-15-2009, which one will be closed first does not matter but that bouth MUST be closed is a fact. So trade accordly.

Ignored

No they don't; but they will be; eventually, because Price will pass through there again. When it does (whenever that may be) I'm sure there will be lots of people calling "It filled the Gap"

Happy Trading.

#145,330
Sep 22, 2009 9:59am Sep 22, 2009 9:59am

Leche Mocha
| Joined Aug 2009 | Status: "Protect yo neck"- WuTang Financial | 854 Posts

That's a bold statement, my man.

Quoting Atlast

Disliked

I believe you are spot on with the timing tomorrow. I also have next monday marked off as a potential black monday in the stock market. We will see.

Ignored

#145,331
Sep 22, 2009 10:05am Sep 22, 2009 10:05am

fxrs
| Joined Sep 2009 | Status: Trader | 93 Posts

i c lots of fantasizing going on here...

#145,332
Sep 22, 2009 10:17am Sep 22, 2009 10:17am

Tiger21
| Joined Sep 2009 | Status: Trader | 89 Posts

The DXY is a few pips away from breaking below the Sept 22, 2008 low of 75.89 – from there, there is very little support until 70. That was the level of support in early 2008 and is the low since the early 1970’s. Euro hit $1.4821 today, dollar’s lowest point in a year. There hasn’t been strong talk on the part of non-US central bankers and thoughts are that it isn’t causing such a concern. Also, increasing likely the Fed won’t raise rates. Everything points in the direction of – short the dollar.

#145,333
Sep 22, 2009 10:30am Sep 22, 2009 10:30am